Major Short Liquidation Alert for $FET .

A significant short liquidation just rocked the $FET market, with a value of $9.8914K, triggered at an impressive price of $1.26037. This bullish event signals a surge in buying pressure, pushing shorts to the brink!

Key Details:

1️⃣ Liquidation Value: $9,891.40

2️⃣ Liquidation Price: $1.26037

3️⃣ Market Context:

The liquidation highlights a strong upward momentum for Fetch.ai .$FET.

Bears faced intense pressure, resulting in a cascade of forced buy-ins to cover positions.

What Does This Mean for Traders.

For Bulls.

A strong bullish signal! $1.26037 could act as a new support level.

Look for increased buying interest as momentum builds.

For Bears.

A warning sign for short sellers—reassess risk and watch for potential continued upward movement.

Actionable Insights:

Prepare for heightened volatility! The forced liquidation could attract further bullish momentum, leading to potential breakouts.

📊 Immediate Steps.

Monitor resistance levels closely, with $1.26037 now acting as a pivotal zone.

Track volume surges to confirm whether this move has strong backing or is temporary.

The $FET market is heating up—this could be the start of a significant trend! Stay alert for opportunities to ride the wave. 🚀

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